UK 17:13 Friday, 23 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
First it was the Daily Mail and now it is the Daily Telegraph that has taken up the cudgels on behalf of Essex pensioners Mr and Mrs Bagot who were completely robbed by AIM listed broker WH Ireland (WHI). This scandal is growing and could bring WH Ireland to its knees as I have already flagged up HERE. The Telegraph today gives us full details of the scale of the mugging. It is awful.
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Comments
DUCK AND DIVE
And I know of at least one Plc which has fired WHI as Nomad following these disgusting revelations. What with discretionary clients transferring funds out as fast as they can (if they’ve got any sense) and corporate clients no longer wishing to be tainted by them, WHI does look to be in terminal doodah.
I too will dance on their grave.
MrMoto
I know you’re a bit anti-Telegraph. But I love it, another great article.
Aside, supermarket shares now at pretty much all time lows, would love to see a Shareprophets analysis across the sector. Could be a good attractive article for traffic too. Tesco/Morrisons look attractive at these prices initially but I still think this sector is in big trouble.
Would be great to get your thoughts
Absolute
Perhaps Molyneux assets should be frozen until a total review of the KYC documentation is independently review. If found that it was quite clear the client really was not properly advised and/or their instructions re risk were ignored then those assets confiscated to compensate. And the same for the rest of the staff pulling similar stunts. Any shartfall to be covered by WHI. And shortfall still there taken of by the compensation fund. But it won’t happen will it?
wildrides
Are they in trouble ………….we can only hope . I shall summon down Karma from the universe.
martin ashworth
This has been a scummy firm for years. My own run-in with them led me to encounter some thoroughly unpleasant people, & very dubious business practices. They wud not be a major loss to the City if they were shut down by the FCA, but I suspect that will never happen, because the FCA knows who pays its own fees (&fines) !
Worthington Group PLC Shareholding - Fitel Nominees, WH Ireland Group is the ultimate parent company of Fitel Nominees Ltd.
Fitel Nominees, a WH Ireland Company hold / held Worthington Group PLC shares as follows according to Worthington Annual Returns:
25/08/2013 Fitel Nominees – 2,910,425 Ordinary Worthington Group PLC Shares Held
25/08/2012 Fitel Nominees – 1,980,000 Ordinary Worthington Group PLC Shares Held
25/08/2011 Liberty Capital Ltd – 890,000 Ordinary Worthington Group PLC Shares Held
25/08/2011 Regnesis Holdings Ltd – 2,596,625 Ordinary Worthington Group PLC Shares Held
25/08/2011 JC Dwek – 1,379,308 Ordinary Worthington Group PLC Shares Held
25/08/2011 (Fitel Nominees not indicated as holding any Worthington Group PLC shares)
No change in current assets (£2) declared in the accounts for Fitel Nominees between 2010 and 2014 though, despite cumulative acquisition of Worthington Group PLC Shares in 2012 and 2013.
Wonder if WH Ireland still hold them WRN ‘golden tickets’ or got rid during the Worthington ‘Friends and Family’ pump and dump exercise in 2014?
https://beta.companieshouse.gov.uk/company/01401140
Worthington Group PLC have conveniently taken the opportunity not to publish a list of shareholders since September 2013.